BUA Cement Plc has seen a significant drop in its market value, losing over 20% in just two days following the release of its disappointing first-half...
The alcoholic drinks market in 2023 saw a total volume decline globally for only the third time in 15 years, data analytics firm Euromonitor International can...
Google’s multi-billion dollar agreement with Apple has come under intense scrutiny following a U.S. antitrust verdict that has shaken the tech industry. The Justice Department’s recent...
Business activity in Nigeria has taken a significant hit as steep price pressures have driven the Purchasing Managers’ Index (PMI) down to 49.2 in July, the...
Tomato prices across Nigeria have dropped sharply by 58% as the new harvest season begins, offering much-needed relief to families who have struggled with soaring food...
The Dangote Group has issued a statement to clarify recent reports concerning its crude oil supply arrangements with the Nigerian National Petroleum Corporation (NNPC). Contrary to...
The manufacturing sector is facing a severe crisis following the Central Bank of Nigeria’s (CBN) delay in settling $2.4 billion worth of foreign exchange forward contracts....
Zarma Mustapha, Deputy President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has reassured the public that the Port Harcourt Refinery is poised to meet...
Africa’s largest oil refinery, the Dangote Refinery, has raised concerns over the Nigerian Upstream Petroleum Regulatory Commission’s (NUPRC) failure to enforce domestic crude supply obligations. This...
GCR Ratings has affirmed Dangote Industries Limited with national-scale long-term and short-term issuer ratings of AA+ and A1+, respectively. This affirmation highlights the company’s robust financial...
